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The rate trend this week
August 25th, 2014 9:56 AM
Everyone expect the rate is going down. But actually it will not.
It is going up slightly. We just noticed the 5/1 ARM, 7/1 ARM rateup 0.125% for most programs(Jumbo, High Balance). 30 yr fixed was
up 0.125% ; 15 yr fixed was up 0.125% from the recent lows.
I still recommend to lock the rate at relative low range.

Posted in:General
Posted by Eric Fang on August 25th, 2014 9:56 AMPost a Comment

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